[lbo-talk] Why High French Unemployment Rate?
Jason Hecht
jayhstata at gmail.com
Sat Dec 22 16:12:50 PST 2012
Some money manager on Bloomberg was going on a rant about how France
has had an unemployment rate above 9% since 1992 (according to the FED
FRED database, it has averaged 9.3% from 1992-2011) .
Is this because the France have a more accurate "official" measure,
equivalent to our all-in "U-6" (1994-2011, 10.2%)? Or is there a
more nuanced reason?
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